by skylow | Oct 11, 2021 | Weekly Analysis
11 October 2021 Weekly Analysis GCMAsia Weekly Report: October 11 – 15 Market Review (Forex): October 4 – 8 US Dollar The dollar index which traded against a basket of six major currency pairs surged significantly last week over...
by skylow | Oct 11, 2021 | GOLD
GOLD, H4: Gold price was traded flat near the support level 1747.50. However, MACD which illustrate diminishing bearish momentum signal suggest the commodity to be traded higher towards the resistance level 1779.50. Resistance level: 1779.50, 1806.85 Support...
by skylow | Oct 11, 2021 | Crudeoil
CrudeOIL, H4: Crude oil was traded higher following prior breakout above the previous resistance level 79.40. MACD which illustrate persistent bullish momentum signal suggest the commodity to extend its gains towards the resistance level 82.50. Resistance...
by skylow | Oct 11, 2021 | USD/CHF
USDCHF, H4: USDCHF remain traded in a sideway channel following recent rebound from its low level. However, MACD which illustrate bullish bias signal suggest the pair to extend its rebound in short term towards the resistance level 0.9305. Resistance level:...
by skylow | Oct 11, 2021 | USD/CAD
USDCAD, H4: USDCAD was traded lower while currently testing the support level 1.2455. MACD which illustrate bearish momentum signal suggest the pair to extend its losses after it breaks below the support level. Resistance level: 1.2585, 1.2695 Support level:...